SoundThinking Announces TechnoLogic Contract Renewal with New York City Police Department

Rhea-AI Summary

SoundThinking (Nasdaq: SSTI) has announced the renewal of its contract with the New York City Police Department (NYPD) through its subsidiary TechnoLogic Solutions. The contract, valued at $43 million over 3 years, continues a 19-year partnership for providing enterprise resource and investigative case management software services.

The comprehensive software solution serves over 35,000 active NYPD users and includes various applications such as:

• Police Records Management
• Prisoner Arraignment
• Summonses, Complaints and Arrests
• Personnel Management
• Juvenile Apprehension
• Warrants
• Property and Evidence Management
• Command Discipline
• Medical Case Management

Positive

• Secured $43 million contract renewal with major client NYPD
• 3-year contract term provides stable revenue stream
• Demonstrates strong client retention with 19-year partnership
• Large-scale deployment serving 35,000+ active users

Negative

• None.

News Market Reaction

+6.12%

1 alert

+6.12% News Effect

On the day this news was published, SSTI gained 6.12%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Summary: SoundThinking, Inc. today announced a renewal of its partnership with the New York City Police Department for TechnoLogic, its subsidiary providing enterprise resource and investigative case management software and services.

FREMONT, Calif., March 20, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (Nasdaq: SSTI), a leading public safety technology provider, today announced that the New York City Police Department (NYPD) is renewing its contract with TechnoLogic Solutions, LLC, a SoundThinking subsidiary (formerly LEEDS, LLC) to provide law enforcement enterprise resource and investigative case management software and services. Total contract value is approximately $43 million over a 3-year term.

TechnoLogic and its predecessors have supported NYPD for the past 19 years with a customized enterprise resource and case management software solution. Applications include, but are not limited to: Police Records Management, Prisoner Arraignment, Summonses, Complaints and Arrests, Personnel Management, Juvenile Apprehension, Warrants, Property and Evidence Management, Command Discipline, and Medical Case Management. Together, these applications serve and support more than 35,000 active users within NYPD.

“This renewal is a testament to our strong partnership with the NYPD, validating our capabilities and scale as a trusted provider of technology-driven policing solutions,” said Nasim Golzadeh, EVP, Investigative Solutions of SoundThinking. “We take great pride in our role in developing innovative tools that empower NYPD and contribute to the safety and well-being of New Yorkers.” 

About SoundThinking

SoundThinking, Inc. (Nasdaq: SSTI) is a leading public safety technology company that delivers AI- and data-driven solutions for law enforcement, civic leadership, and security professionals. SoundThinking is trusted by more than 300 customers and has worked with approximately 2,100 agencies to drive more efficient, effective, and equitable public safety outcomes. The company’s SafetySmart^TM platform includes ShotSpotter^®, the leading acoustic gunshot detection system; CrimeTracer^TM, the leading law enforcement search engine; CaseBuilder^TM, a one-stop investigation management system; ResourceRouter^TM, software that directs patrol and community anti-violence resources to help maximize their impact; SafePointe^®, an AI-based weapons detection system; and PlateRanger powered by Rekor, a leading ALPR solution. SoundThinking has been designated a Great Place to Work^® Company.

Company Contact:
Jerome Filip, PR Manager
SoundThinking, Inc.
+1 (510) 203-0934
jfilip@soundthinking.com

Investor Relations Contact:
Ankit Hira
Solebury Strategic Communications for SoundThinking, Inc.
+1 (203) 546-0444
ahira@soleburystrat.com

FAQ

What is the value and duration of SoundThinking's (SSTI) new NYPD contract renewal?

The contract renewal is valued at $43 million over a 3-year term.

How many NYPD users does SoundThinking's TechnoLogic platform support?

TechnoLogic's software solutions serve and support more than 35,000 active users within NYPD.

How long has SoundThinking (SSTI) been providing services to the NYPD?

TechnoLogic and its predecessors have supported NYPD for 19 years.

What services does SoundThinking's TechnoLogic provide to the NYPD?

TechnoLogic provides enterprise resource and investigative case management software services, including police records management, prisoner arraignment, and various other law enforcement applications.